Mumbai, May 28, 2025: Almondz Global Securities Limited has posted 2.5 per cent growth in net profit on a consolidated basis at Rs 6.15 crore for the fourth quarter ended March 31, 2025 as against Rs 6 crore same period last year.
Operating income on a consolidated basis increased by 14.85 per cent at Rs 53.22 crore during the quarter under review, as compared with Rs 46.34 crore same period last year.
Almondz Global Securities has three major businesses including infrastructure consulting, green energy/ethanol manufacturing and financial services offering depository participant services, wealth management advisory and equity broking services.
For the year ended March 31, 2025, operating income on a consolidated basis increased by 25.94 per cent at Rs 151.36 crore as against Rs 120.18 crore last year.
Commenting on the company’s performance, Navjeet Singh Sobti, Managing Director, Almondz Global Securities, said, “We have witnessed a healthy growth in turnover backed by a good performance across all the three business verticals including infrastructure consulting, green energy and financial services. The infrastructure consulting business under Almondz Global Infra-Consultant Limited has current order book of over Rs 350 crores. We are well poised to capitalise on the government’s continued emphasis on the infrastructure sector and are hopeful of sustaining our growth momentum moving forward. Our revenues from financial services business have also witnessed a healthy growth however the profit growth was limited due to unrealized mark-to-market losses on investments recorded in the books of accounts. Going forward, we anticipate significant growth in this vertical, driven by our increased focus on expanding fee-based income streams, continued investment in cutting-edge technology, and a favourable market environment.”
During 2024-25, Premier Green Innovations successfully commissioned the ethanol plant at Himachal Pradesh having capacity of 300 KLPD. The implementation of the 250 KLPD Ethanol plant in Odisha is expected to be completed by September 30, 2025. The impact of these new capacities added will start reflecting on the company’s financial performance in the coming quarters, he added.